KILROY REALTY CORP — Director's Dealing 2016

Nov 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KILROY REALTY CORP (NYSE: KRC)
CIK: 0001025996
Period of Report: 2016-10-31

Reporting Person: KILROY JOHN B JR (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-31	Common stock, par value $0.01 per share	M	150000	$42.61	Acquired	813708.1839	Direct
2016-10-31	Common stock, par value $0.01 per share	S	150000	$71.8404	Disposed	663708.1839	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-31	Employee Stock Option (right to buy)	$42.61	M	150000	Disposed	2022-02-22	Common Stock (150000.0)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.50 to $72.025 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2: The option vests in five equal annual installments beginning on February 22, 2013.